Fountainhead AM LLC Makes New Investment in Vanguard Communication Services ETF (NYSEARCA:VOX)

Fountainhead AM LLC purchased a new position in Vanguard Communication Services ETF (NYSEARCA:VOX) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 2,304 shares of the company’s stock, valued at approximately $271,000.

A number of other large investors have also added to or reduced their stakes in the company. Versant Capital Management Inc bought a new stake in shares of Vanguard Communication Services ETF during the 4th quarter valued at about $35,000. Headinvest LLC bought a new stake in shares of Vanguard Communication Services ETF during the 3rd quarter valued at about $51,000. MV Capital Management Inc. bought a new stake in shares of Vanguard Communication Services ETF during the 4th quarter valued at about $53,000. EverSource Wealth Advisors LLC boosted its stake in shares of Vanguard Communication Services ETF by 196.3% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,040 shares of the company’s stock valued at $109,000 after purchasing an additional 689 shares in the last quarter. Finally, CWM LLC boosted its stake in shares of Vanguard Communication Services ETF by 1,281.4% during the 3rd quarter. CWM LLC now owns 1,188 shares of the company’s stock valued at $125,000 after purchasing an additional 1,102 shares in the last quarter.

Vanguard Communication Services ETF Stock Up 1.7 %

Shares of VOX traded up $2.22 during trading hours on Tuesday, reaching $129.89. 103,768 shares of the company traded hands, compared to its average volume of 181,589. The company’s fifty day moving average price is $129.33 and its two-hundred day moving average price is $119.93. The company has a market capitalization of $3.96 billion, a price-to-earnings ratio of 21.62 and a beta of 1.22. Vanguard Communication Services ETF has a 12 month low of $93.47 and a 12 month high of $134.34.

Vanguard Communication Services ETF Profile

Vanguard Telecommunication Services ETF (the Fund) seeks to track the performance of a benchmark index that measures the investment return of telecommunication services stocks. The Fund seeks to track the performance of the MSCI US Investable Market Telecommunication Services 25/50 Index. The MSCI US Investable Market Telecommunication Services 25/50 Index includes stocks of the United States companies within the telecommunication services sector.